Innovation News

Washington D.C. - Four years ago, the Information Technology and Innovation Foundation (ITIF) advocated for an idea that is now drawing attention on Capitol Hill: "patent boxes." So named because they can involve adding a special check box to tax forms, the goal of patent boxes is to spur commercialization of research and development by allowing corporate income from the sale of patented products to be taxed at a lower rate than other income.

For the report: http://www.itif.org/files/2011-patent-box-final.pdf?mc_cid=68fbcdbf83&mc_eid=d9824ce838